QFIB Consults Credit Suisse On Doha Shares
Swiss lender Credit Suisse is advising Qatar First Investment Bank (QFIB), a private equity firm, on a listing of…
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Banks
AlexBank Offers EGP 1 Bln Finances To SMEs In Q1
The volume of finances offered by Alex Bank, subsidiary of Intesa Sanpaolo Group, to small and medium enterprises…
Canada’s RBC To Double Mideast Wealth Management Staff
Royal Bank of Canada (RY.TO) expects to double the number of wealth management employees in its Dubai office in the…
Barclays, HSBC Co-lead A consortium To Lend Israel’s Tamar $902 Mln
A group developing the Tamar field off Israel's Mediterranean coast said on Sunday they signed a $902 million…
BofA Must Defend $20 Mln Merrill Buyout Settlement
Bank of America Corp directors, who were sued by shareholders for allegedly paying too much for Merrill Lynch &…
UAE’s NBAD Launches Real Estate Fund
National Bank of Abu Dhabi, the UAE's top bank by market capitalization, has partnered with Kuwaiti firm Gulf…
Spain’s Bankia Expects Profit In Q1
Bankia, Spain's third-biggest bank by assets, expects to post a profit for the first quarter of 2012, Chief…
UAE’s Rakbank Registers Dhs325 Mln Net profit In Q1
The National Bank of Ras Al-Khaimah (P.S.C.) (Rakbank) has reported a net profit of Dhs325.3m for the quarter ended…
AlexBank To Implement 60 ATMs & Develop 20 Branches In 2012
Alex Bank, subsidiary of Intesa Sanpaolo Group, intends implementing 60 more ATMs to reach 320 ATMs, up from 260…
Emirates Holidays Partners with Visa for a Year of Exclusive Travel Offers
Visa cardholders can now travel to a host of breathtaking destinations for less through an exclusive new…